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Jun 20, 2013
06/13
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KICU
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even though it was good news about the overall economy. chairman ben bernanke said it will slow its bond buying stimulus program this year, and end it next year. he said this is possible, because the economy is improving. the fed's program has kept interest rates at record lows. that news from the fed sent the stock markets down across the board. one analyst said any suggestion that the fed will cut its buying is going to be met with a sell-off, which is just a sign of how much investors depend on that program. >>> are you better off now financially? many americans say no. a cnn poll has found 44% of americans say their financial situation is actually worse today compared to a year ago. 36% say they are better off, and 20% say their personal situation is just about the same. only half say they expect economic conditions to be better one year from now. >>> bay area doctors may soon change the way they treat obesity, because of one word, ktvu's heather holmes is live now in oakland with reaction to obesity, now labeled as a disease. >> repor
even though it was good news about the overall economy. chairman ben bernanke said it will slow its bond buying stimulus program this year, and end it next year. he said this is possible, because the economy is improving. the fed's program has kept interest rates at record lows. that news from the fed sent the stock markets down across the board. one analyst said any suggestion that the fed will cut its buying is going to be met with a sell-off, which is just a sign of how much investors depend...
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Jun 17, 2013
06/13
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KPIX
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it's everyday reinvesting for your personal economy. >> simon: every once in a while, a team comes along that stands out in professional sports not just for its victories, but for the beauty with which it plays the game. barcelona's football club-- barca, as it's known to fans around the world-- is just such a team. the secret? many point to its youth academy, which recruits boys often no more than seven years old, gives them a rigorous education and teaches them barca's unique style. in some matches this season, all 11 players on the field were graduates of the football academy. since we first reported this story in january, barca suffered a few setbacks; barca's coach had a relapse of cancer which kept him from the field for months, and the team endured a devastating defeat in world's most prestigious club tournament, the champion's league. but fans certainly aren't writing barca off; they remain some of the most dedicated in the world. it's the biggest day of the year at camp nou, barcelona's iconic stadium-- the match, barca versus real madrid, called "el clasico." john carlin, who w
it's everyday reinvesting for your personal economy. >> simon: every once in a while, a team comes along that stands out in professional sports not just for its victories, but for the beauty with which it plays the game. barcelona's football club-- barca, as it's known to fans around the world-- is just such a team. the secret? many point to its youth academy, which recruits boys often no more than seven years old, gives them a rigorous education and teaches them barca's unique style. in...
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Jun 15, 2013
06/13
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CNBC
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>> encore cost nearly $2.3 billion, a risky bet in a bad economy. why, in this economic environment, would you open a hotel? >> well, i'll tell you right now that if i had any idea this-- i wouldn't, if i had a choice, but this project was started four years ago. these things have a huge lead time. >> the gambling industry has been battered by the recession and taken the city of las vegas down with it. some casinos stand half built. unemployment is over 10%. and while steve wynn has had to slash employees' pay and lower room prices, he plows ahead, doing whatever it takes to get customers to his new hotel. >> this is encore. [dramatic orchestral music] ♪ >> and, yes, he really was sitting on top of the building. >> next time, we do this in the lobby. >> the encore is connected to his other las vegas hotel, the wynn, and he has a third in macau, china. inside, his hotels are fantasy lands for well-heeled adults. he brought gourmet restaurants and high-end shopping to the strip. his hotels may be extravagant, but his business strategy is conservativ
>> encore cost nearly $2.3 billion, a risky bet in a bad economy. why, in this economic environment, would you open a hotel? >> well, i'll tell you right now that if i had any idea this-- i wouldn't, if i had a choice, but this project was started four years ago. these things have a huge lead time. >> the gambling industry has been battered by the recession and taken the city of las vegas down with it. some casinos stand half built. unemployment is over 10%. and while steve...
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Jun 19, 2013
06/13
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CNBC
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. hey kevin...still eating chalk for heartburn? yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! [ male announcer ] new alka seltzer fruits chews. uh-oguess what day it is!is?? huh...anybody? julie! hey...guess what day it is?? ah come on, i know you can hear me. mike mike mike mike mike... what day is it mike? ha ha ha ha ha ha! leslie, guess what today is? it's hump day. whoot whoot! ronny, how happy are folks who save hundreds of dollars switching to geico? i'd say happier than a camel on wednesday. hump day!!! yay!! get happy. get geico. fifteen minutes could save you fifteen percent or more. missing workout
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. hey kevin...still eating chalk for heartburn? yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer...
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Jun 18, 2013
06/13
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KGO
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. >> reporter: counterfeits currently cost the economy around $250 billion a year and 750,000 jobs. >> if counterfeiting were a business, it would be the largest enterprise in the world. twice the size of walmart. >> these are the real bags. these are the fake bags. how would i know? >> dead giveaway, this is the louis vuitton speedy bag. the speedy bags, the authentic speedy bags are made with one piece of canvas. if it's one piece of leather, this part would be right side up, but the back because it goes up should be upside down, so that's the dead giveaway. >> how much is this? >> this today i do 32. >> wow, that's a great price. >> yeah. >> reporter: i went down to canal street to see just how easy it is to purchase one of these knockoffs. while this man was actually trying to sell us one of his illegal louis, he even informed us of the new bill. >> they wanted to make a law that they said it was illegal for customers to buy. >> so i would get in trouble. >> not now. it's very hard because most people don't want it because you know they want to enjoy the option to get it on the bl
. >> reporter: counterfeits currently cost the economy around $250 billion a year and 750,000 jobs. >> if counterfeiting were a business, it would be the largest enterprise in the world. twice the size of walmart. >> these are the real bags. these are the fake bags. how would i know? >> dead giveaway, this is the louis vuitton speedy bag. the speedy bags, the authentic speedy bags are made with one piece of canvas. if it's one piece of leather, this part would be right...
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Jun 19, 2013
06/13
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KGO
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reserve will keep interest rates at record low levels, a move many analysts say is needed to keep the economy growing. the decision will be announced by chairman ben bernanke this afternoon. there's already evidence that the recent spike in mortgage rates is hurting the housing market. >>> and after defying the government regulators, chrysler now says it will recall some older model jeeps with gas tanks that can rupture and cause fires in rear-end crashes. but it's recalling only about half of the nearly 3 million jeeps the government wanted repaired. and as a fix, the company is offering to install trailer hitches to absorb the impact of a crash. now recalled models include the 1993 to 1998 jeep grand cherokee and jeep liberty from 2002 to 2007. >>> and finally, not sure if yogi berra played basketball. but we feel pretty good about quoting him this morning. spurs/heat last night proved, it ain't over until it's over. >> game over! there will be a game seven! >> reporter: it was simply epic. the defending champion miami heat held off the san antonio spurs, 103-100, in game six of the nba fin
reserve will keep interest rates at record low levels, a move many analysts say is needed to keep the economy growing. the decision will be announced by chairman ben bernanke this afternoon. there's already evidence that the recent spike in mortgage rates is hurting the housing market. >>> and after defying the government regulators, chrysler now says it will recall some older model jeeps with gas tanks that can rupture and cause fires in rear-end crashes. but it's recalling only about...
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Jun 19, 2013
06/13
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KGO
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the fed is expected to reveal if it will continue bond purchases aimed at shoring up the economy. those are some of the top stories on this wednesday, june 19th. >> happy hump day, everybody. >> wednesday, closer to the weekend. >> taking off friday. my goodness. >> let's pay the bills first. begin the half-hour with a tomb -- team of investigators showing up at the million dollar home of a star nfl player. >> police question, tight end, aaron hernandez for hours after a man was found murdered in his massachusetts neighborhood. we get the details from our boston affiliate. >> reporter: a dozen state police descend on aaron hernandez's manse, search warrant in hand. police investigating the murder of a man, which according to abc, they call an associate of the patriots' pro bowl tight end. residents in this upscale neighborhood say the scene is upsetting. >> my son didn't want to come out he was a little intimidated. like i said, it is a lot of action. a lot of action any way with patriots' players here. >> reporter: earlier police were seen talking to two men as they attempted to
the fed is expected to reveal if it will continue bond purchases aimed at shoring up the economy. those are some of the top stories on this wednesday, june 19th. >> happy hump day, everybody. >> wednesday, closer to the weekend. >> taking off friday. my goodness. >> let's pay the bills first. begin the half-hour with a tomb -- team of investigators showing up at the million dollar home of a star nfl player. >> police question, tight end, aaron hernandez for hours...
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Jun 20, 2013
06/13
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KGO
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. >>> turning to the economy. news that the days of record low interest rates will soon be over. federal reserve chairman ben bernanke says the economy is improving so much the fed will end its stimulus programs next year. the prospect of higher rates for mortgages and car loans sent stocks into a tailspin with the dow losing more than 200 points. >>> a new documentary is fueling controversy over a devastating plane crash in 1996. twa flight 800, exploded over long island on its way to paris killing all 230 people on board. a four-year investigation that included piecing the plane back together, determined that a faulty fuel tank brought the plane down. six people involved in that investigation claim there is a cover-up. >> it was either a terrorist attack that they wanted to ignore or an accident as a result of military operations that went wrong. >> i find that ridiculous, quite frankly. everything i heard so far is just a rehashing of old speculations, if you will, that don't match the facts of the investigation. >> all right, former investigators have now petitioned the ntsb
. >>> turning to the economy. news that the days of record low interest rates will soon be over. federal reserve chairman ben bernanke says the economy is improving so much the fed will end its stimulus programs next year. the prospect of higher rates for mortgages and car loans sent stocks into a tailspin with the dow losing more than 200 points. >>> a new documentary is fueling controversy over a devastating plane crash in 1996. twa flight 800, exploded over long island on...
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Jun 20, 2013
06/13
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fed chairman ben bernanke said today that he expects the economy to grow and unemployment to fall well into next year, but he also signalled that years of low interest rates that have made it easier for companies to invest and families to buy cars and homes may soon be ending, a big reason the dow dropped more than 200 points on the news. abc's rebecca jarvis explains what this may mean for you tonight. >> reporter: david and sarah turnbull are looking at homes in new bury park, california for their expanding family, hoping to take advantage of record low interest rates. >> we're at a time when we can buy, and we'd like to lock in an interest rate. >> reporter: but in the last six weeks, interest rates have started to climb. mortgages now about 4% for the first time in a year, up more than half a percent since may. >> people are thinking that makes a big difference in my monthly payment and what i can afford. >> reporter: every 1% increase in mortgage rates makes owning . >> i like the openness. >> reporter: in real terms, the cost of the mortgage on that $500,000 dream home goes up $2
fed chairman ben bernanke said today that he expects the economy to grow and unemployment to fall well into next year, but he also signalled that years of low interest rates that have made it easier for companies to invest and families to buy cars and homes may soon be ending, a big reason the dow dropped more than 200 points on the news. abc's rebecca jarvis explains what this may mean for you tonight. >> reporter: david and sarah turnbull are looking at homes in new bury park,...
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Jun 20, 2013
06/13
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MSNBCW
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when the economy's bad it increases, when the economy's good, it goes down. the reason we don't have mass starvation is this program is helping tens of millions of american families survive. the facts are, before the 1970s, when we did have the program, we had third world style malnutrition. these programs almost entirely ended hunger in the 1970s. >> that used to be a bipartisan understanding. bob doll is one of the founding fathers of this program. and it used to be a way to help farmers and families. there's a business case for continuing these programs. the biggest recipients of the money. it's all cycled back into the economy. >> no one's saving -- companies like kraft that make the boxed food that's inexpensive to buy, companies like walmart, supermarkets, all plow in the money from these food stamp programs. we also had this interconnectedness of our safety net programs that's going to make this a double problem. feeding america that operates lots of food banks around the country sent out an alert saying, you have kids who get free and reduced lunch be
when the economy's bad it increases, when the economy's good, it goes down. the reason we don't have mass starvation is this program is helping tens of millions of american families survive. the facts are, before the 1970s, when we did have the program, we had third world style malnutrition. these programs almost entirely ended hunger in the 1970s. >> that used to be a bipartisan understanding. bob doll is one of the founding fathers of this program. and it used to be a way to help...
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Jun 17, 2013
06/13
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FOXNEWS
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the economy is going to continue to lift off. i think by november of 2014 the democrats are going to to be in a very strong position. the only way we move social in this country is by taking principle stands and sometimes have you to take a short-term political hit to move the country forward. >> speaking of honesty and trustworthiness, we just got fox news polls in moments ago which we'll bring you shortly. wow. this is not good news for the white house. gentlemen, thank you both so much. >>> we recently brought you the powerful story of the phoenix police officers who went beyond the call of duty for a 5-year-old girl. look at this picture. who lost her police officer dad to a hit-and-run driver. up next, a new twist as we learn the illegal immigrant accused of killing her father could now get special protection. we'll tell you why that is. >>> wait until you see what happened with the teenage fisherman who came face to face with a rare breed of shark and decided to go for a joy ride. all that as we have a former vice president
the economy is going to continue to lift off. i think by november of 2014 the democrats are going to to be in a very strong position. the only way we move social in this country is by taking principle stands and sometimes have you to take a short-term political hit to move the country forward. >> speaking of honesty and trustworthiness, we just got fox news polls in moments ago which we'll bring you shortly. wow. this is not good news for the white house. gentlemen, thank you both so...
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Jun 18, 2013
06/13
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KGO
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to figure out whether the fed will cut back on some of the incentives that have helped stimulate the economy. last month chairman ben bernanke said that the fed might start dialing back on bond buying. investors will be hoping to hear when this might happen and what effect it could have on rates. >>> major airlines have improved their customer satisfaction ratings for the second year in a row. and just like last year, jetblue came out on top followed by southwest. even with the improvements, though, airlines still are low rated when compared to other industries. air carriers are at the bottom along with cable tv and internet providers. >>> we're expecting to learn more today about why chrysler is refusing to recall nearly 3 million jeeps over safety concerns. until now the company provided only a three-page paper explaining the refusal but today is the deadline fora more comprehensive response. government experts claim the rear mounted fuel tanks on the suvs can cause deadly fires in a collision. >>> and ford is going back to the basics, at least when it comes to the car radio. after years o
to figure out whether the fed will cut back on some of the incentives that have helped stimulate the economy. last month chairman ben bernanke said that the fed might start dialing back on bond buying. investors will be hoping to hear when this might happen and what effect it could have on rates. >>> major airlines have improved their customer satisfaction ratings for the second year in a row. and just like last year, jetblue came out on top followed by southwest. even with the...
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Jun 19, 2013
06/13
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KGO
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economy. a plot on the new york stock exchange. >> these tools have helped us. >> reporter: the fbi said that intercepted e-mail from an al qaeda leader in yemen led to this man and two other americans. they were in the initial stages of planning their attack, seven years after 9/11. >> the fbi disrupted and arrested these individuals. >> reporter: the newly-declassifieied case is 1 50 terror plots that the fbi says could not be disrupted bout the nsa spying programs. the director defended the program against criticism that they violate americans' privacy. >> i would rather be here today debating this point, than try to explain how we failed to prevent another 9/11. >> reporter: civil liberties groups say the government has gone too far and many of the still classified plots could likely have been caught another way. >> the question is not simply whether plots were disrupted. but whether to disrupt those plots we need to engage in dragnet surveillance. >> reporter: top lawmakers disagree. >> t
economy. a plot on the new york stock exchange. >> these tools have helped us. >> reporter: the fbi said that intercepted e-mail from an al qaeda leader in yemen led to this man and two other americans. they were in the initial stages of planning their attack, seven years after 9/11. >> the fbi disrupted and arrested these individuals. >> reporter: the newly-declassifieied case is 1 50 terror plots that the fbi says could not be disrupted bout the nsa spying programs....
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Jun 20, 2013
06/13
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KGO
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but bernanke says the economy is clearly on the mend. mortgage and car loan rates are expected to rise as a result. >>> and the fed's plan rattled investors. and stocked plunged on the news. all fell on how smoothly those interest rates will rise. >>> best buy is bringing back the popular iphone trade-in deal. beginning tomorrow, until next saturday, you can turn in an iphone 4 and 4s and get an iphone 5. >>> men's warehouse has fired its founder, george zimmer, as the man who promised you'll like the way you look. he turned one texas store into a chain of more than 1,100. he stepped down as ceo in 2011 but remained executive chairman until yesterday. in a statement, zimmer said only the he and the board of directors disagreed about the company's direction. >>> and more on the death of james gandolfini. television is paying tribute to what his most famous character did for the media. "the sopranos" led the way to a new era of well-written tv shows, featuring complex characters, and rich, dramatic plots. the six seasons brought big money
but bernanke says the economy is clearly on the mend. mortgage and car loan rates are expected to rise as a result. >>> and the fed's plan rattled investors. and stocked plunged on the news. all fell on how smoothly those interest rates will rise. >>> best buy is bringing back the popular iphone trade-in deal. beginning tomorrow, until next saturday, you can turn in an iphone 4 and 4s and get an iphone 5. >>> men's warehouse has fired its founder, george zimmer, as...
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Jun 16, 2013
06/13
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FOXNEWS
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the airline charging $2 for coffee, tea, soft drinks and juice for customers in economy class. that fee starts july 1st. over at united airlines a new offer for unlimited checked bags for one year at a cost of $349. >> you get a year's worth of free checked bags. if you are flying a lot it might be able to help you out. >> southwest and jet blue remain the only airlines offering a free checked bag. southwest allows passengers to check in two pounds bags in for free. again as long as it weighs under 50 pounds. >> shannon: that is why where i get in trouble. you are out there, what can i take out of that bag and put in that bag. it's going to cost me. [ laughter ] >>> thank you. >> shannon: already contentious debate is getting hotter. this time about healthcare and whether illegal immigrants should have access to free services paid for by your tax dollars. a free fair and balanced debate on that. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ stewart ] this is the kind of food i love to cook. i'm very excited about making the shrimp and lobster pot pie. we've never cooked anything like this
the airline charging $2 for coffee, tea, soft drinks and juice for customers in economy class. that fee starts july 1st. over at united airlines a new offer for unlimited checked bags for one year at a cost of $349. >> you get a year's worth of free checked bags. if you are flying a lot it might be able to help you out. >> southwest and jet blue remain the only airlines offering a free checked bag. southwest allows passengers to check in two pounds bags in for free. again as long as...
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Jun 16, 2013
06/13
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FOXNEWS
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they're against it on the economy. they're against it in terms of their protection in civil liberties. this is a new moment in american politics. >> let me just say, gregg, doug a democrat with bill clinton, pat with a democrat with a lot of people going back to jimmy carter and i'm a conservative republican. we've come together realizing what we share is that the political machine in america is completely corrupt and completely -- >> it's broken. >> and it has to be changed. >> by people throwing it all out. >> ben rhodes, an assistant national security advisor, not technically nsa, only reportable to the president who actually broke the news about syria and it wasn't much news. gentlemen, thank you very much. our political insiders, you can catch them every monday at 10:30 a.m. eastern live. they'll of course be back here next sunday. also, follow them on twitter. heather. >>> well, did you forget to grab dad a gift this father's day? it's not too late. coming up, we will tell you about the perfect gift that is guara
they're against it on the economy. they're against it in terms of their protection in civil liberties. this is a new moment in american politics. >> let me just say, gregg, doug a democrat with bill clinton, pat with a democrat with a lot of people going back to jimmy carter and i'm a conservative republican. we've come together realizing what we share is that the political machine in america is completely corrupt and completely -- >> it's broken. >> and it has to be changed....
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Jun 22, 2013
06/13
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FOXNEWSW
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the reason why and what it means for the economy at-large. that's up next. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. folks have suffered from frequent heartburn but now, thanks to treating with prilosec otc, we don't have to suffer like they used to. [ bell dings ] ♪ [ horse whinnies ] getting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. we've surcome a long way. ♪ [ le announcer ] one pill each morning. 24 hours. zero heartburn. try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. >>> time for a quick check
the reason why and what it means for the economy at-large. that's up next. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger....
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Jun 17, 2013
06/13
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FOXNEWS
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. >> it would be the thing to happen for the united states government and the economy and it's been barely a ripple. heads of state oftentimes make symbolic sacrifices even if they don't balance the budget right away. the president can say i am not going to take a vacation. i'm going to stop golfing. but he has done none of that. the trappings that come with the american presidency. michelle and obama were going to take a safari and there would have to be a sniper team. when t.r. went to africa he carried his own gun and protected himself from a lot of animals. in fact the animals need protection from him. bill: 14 limousines, 3 trucks loaded with bulletproof glass to cover the windows of the hotel where the first family is staying. >> this is bigger than barack obama. if people are concerned about this they have to look at the travel of across net secretaries when they go overseas. bill: you set the example. you show people what you are doing and say this is how we are cutting back. can you give us one example how the white house has cut back since sequestration has cut back? >> they cut
. >> it would be the thing to happen for the united states government and the economy and it's been barely a ripple. heads of state oftentimes make symbolic sacrifices even if they don't balance the budget right away. the president can say i am not going to take a vacation. i'm going to stop golfing. but he has done none of that. the trappings that come with the american presidency. michelle and obama were going to take a safari and there would have to be a sniper team. when t.r. went to...
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Jun 19, 2013
06/13
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FOXNEWSW
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our trade and commerce is the engine of our global economy. our values call upon us to care about the lives of people we'll never meet. when europe and america lead with our hopes instead our fears, we do things no other nations can do. no other nations will do. so we have to lift up our eyes today and consider the day of peace with justice that our generation wants for this world. bill: where else do you speak about freedom than at the intersection of come anything and democracy in the heart of berlin. the headline will be this. the president calling for a further reduction of nuclear arms and that is the intent of the speech at the brandenburg gate. martha has more. martha: today back in washington tea partyers are taking on the irs in d.c. they are not backing down. this is video in 2010. remember those huge tea party turnouts? we were promised action on the irs. they want to know why lois lerner is still on paid leave. bill: waits an accident or something more sinister. what caused this plane to go down several years ago. martha: the tea p
our trade and commerce is the engine of our global economy. our values call upon us to care about the lives of people we'll never meet. when europe and america lead with our hopes instead our fears, we do things no other nations can do. no other nations will do. so we have to lift up our eyes today and consider the day of peace with justice that our generation wants for this world. bill: where else do you speak about freedom than at the intersection of come anything and democracy in the heart...
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Jun 20, 2013
06/13
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FOXNEWSW
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>> you are asking the question, can the economy stand on its own without ben? that remains to be seen. the dow jones average is going to open 120 points lower, and that will be in 15 minutes. it dropped 200 yesterday. interest rates are going straight up. a quarter point higher on basic interest rate. that doesn't sound like much. but in the financial world that is huge. and the price of gold is flat out falling out of bed it's down $80 an ounce. martha: gold has had a huge run. bill: tea party supporters hitting back at washington. >> anybody want to fire some irs agents? bill: that 15 minutes senator rand paul. he wants people fired. we'll ask him who's talking about when we talk to him live this hour. martha: is an nfl start focus of a murder investigation? he has been accused of another act of violence. bill: two men who investigated twa flight 800 ... >> i saw what appeared to be keep in fireworks. >> i noticed a streak of light go up in the sky. >> there was something going up in the sky. >> this rocket weren't up in the air. >> i saw this white light. >>
>> you are asking the question, can the economy stand on its own without ben? that remains to be seen. the dow jones average is going to open 120 points lower, and that will be in 15 minutes. it dropped 200 yesterday. interest rates are going straight up. a quarter point higher on basic interest rate. that doesn't sound like much. but in the financial world that is huge. and the price of gold is flat out falling out of bed it's down $80 an ounce. martha: gold has had a huge run. bill: tea...
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Jun 21, 2013
06/13
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FOXNEWSW
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and he's not talking about a flood of new jobs coming into the economy tither. he's got to quit the printing money at some point. he's hinting he will do it soon but he's not leaving a strong underlying economy underneath it. that's why to some degree you have got the selloff in the stock market. martha: an all female jury will decide if george zirmman committed murder when he shot and killed teenager trayvon martin. today we expect we'll hear whether a potentially critical piece of evidence will be admissible during this trial. phil keating is live in miami. this hearing focuses on that 911 call we heard so much. in that call we hear the gunshot, right? >> right. this is potentially decisive expert testimony money that can persuade this jury to go guilty or not guilty. whether it's george zimmerman's voice or trayvon martin's voice screaming in the audio tape. even saying quote, i'm begging you. but the defense has its own experts saying it's zimmerman yelling. experts say it's impossible to tell given the quality of the tape. >> 911, do you need police or medi
and he's not talking about a flood of new jobs coming into the economy tither. he's got to quit the printing money at some point. he's hinting he will do it soon but he's not leaving a strong underlying economy underneath it. that's why to some degree you have got the selloff in the stock market. martha: an all female jury will decide if george zirmman committed murder when he shot and killed teenager trayvon martin. today we expect we'll hear whether a potentially critical piece of evidence...
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Jun 19, 2013
06/13
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i'll worry about the economy more than a few times before they're grown. but it's for them, i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. the clearer it became to us that add up to seasoned detectives. >>> more now on how investigators looked for clues of arson after a mild fire. as we mentioned, the massive black forest fire is being treated as a crime scene. a look at how investigators solved the 200 2 hay man fire. >> reporter: she was on the biggest case of her career, tracking the arsonist that started colorado's largest fire. new revelations about the case forced her to reexaminen the evidence, the matches and the ashes in the campfire ring. soon, agent jones was zeroing in on a fellow forest worker, one of their own, terry barton spent nearly two decades preventing fires in colorado's national forests. the married mother of two raised her daughters here. this was barton's backyard. she was praised f
i'll worry about the economy more than a few times before they're grown. but it's for them, i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. the clearer it became to us that add up to seasoned detectives. >>> more now on how investigators looked for clues of arson after a mild fire. as we mentioned, the massive black forest fire is being...
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Jun 18, 2013
06/13
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what you've done is try to pull back the covers, if you will, on the way the economy and what we've come through with this devastating recession has affected lives across the country. tell me what you were trying to accomplish. >> the unwinding is a portrait of america over a whole generation. it begins in 1978 which is when i think a lot of the things that we're very familiar with today, deindustrialization, political polarization, the rise of lobbying, the information age had their origins. and it follows a handful of characters, most of whom readers won't have heard of. through their lives, as they move through america, through this incredibly tumultuous time, all these olden institutions and stru structures which used to support ordinary people's ambitions starts to unravel more and more. it is about the undoing of a social contract and it ends today. it is a whole generation of history. >> how has it affected our politics? >> i think what we've seen is, '78 was the year newt grichl in was elected to congress. there are profiles of ten celebrity americans to show what's happening in
what you've done is try to pull back the covers, if you will, on the way the economy and what we've come through with this devastating recession has affected lives across the country. tell me what you were trying to accomplish. >> the unwinding is a portrait of america over a whole generation. it begins in 1978 which is when i think a lot of the things that we're very familiar with today, deindustrialization, political polarization, the rise of lobbying, the information age had their...
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Jun 20, 2013
06/13
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does it end up withdrawing the stimulus from the economy before the economy is ready and really the jury is out on just how strong growth is right now. >> earlier this week president obama seemed to signal that bernanke was going to leave. bernanke seemed to confirm that in his remarks yesterday. what are you hearing? >> i think the story is the president probably misspoke but probably was late more honest than he wanted to to be in the sense that i believe the market believes bernanke is leaving at the end of his term at the end of january next year. i think that's been the anticipation out there. the president really kind of confirmed that. he tried to walk back the idea that he was insulting and disrespecting bernanke, but they didn't in the background conversations walk back that bernanke is leaving. i don't know the market is incredibly spooked by that in that there seemed to be a number of people that could be considered that would probably continue the policies of the current chairman. >> steve leisman from cnbc headquarters, we appreciate it, thank you. >>> three naval academy fo
does it end up withdrawing the stimulus from the economy before the economy is ready and really the jury is out on just how strong growth is right now. >> earlier this week president obama seemed to signal that bernanke was going to leave. bernanke seemed to confirm that in his remarks yesterday. what are you hearing? >> i think the story is the president probably misspoke but probably was late more honest than he wanted to to be in the sense that i believe the market believes...
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Jun 21, 2013
06/13
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. rescue workers have opened up a lot of dawn. ♪ they rely on it because it's tough on grease yet gentle. but even they'll tell you, dawn helps open... all: 3, 2, 1! [ male announcer ] ...something even bigger. this year, dawn is also donating $1 million to rescue efforts. go to facebook.com/dawnsaveswildlife. find out how the little things you do can make a big difference. >>> a half hour from now, president obama is going to be announcing the nomination of james comey to lead the fbi, best remembered in the debate over domestic surveillance, as acting attorney general under george w. bush. comey's reputation, though, is a fierce defender of the law, holds perhaps more relevance today as the nsa's once secret programs come under fire from republicans and democrats al
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. rescue workers have opened up a lot of dawn. ♪ they rely on it because it's tough on grease yet gentle. but even they'll tell you, dawn helps open... all: 3, 2, 1! [ male announcer ] ...something even...
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Jun 22, 2013
06/13
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russia used to have a much larger and the soviet union before the economies collapse had a larger intelligence system but then they fell on hard times after the collapse of communism. they are on their way back but they are still a shadow of their former self. does that answer the question? >> i don't mean to be disrespectful by asking this but nevertheless what does your book do different from the multivolume of dr. johnson in his years in executive summary of his? i don't mean to sound disrespectful. it's been a common note disrespect taken. actually, i am almost tempted to drag, pierre and let him give his side of the story but what i tried to do -- tom's multivolume history is wonderful except that there is still huge chunks of it they remain classified. a i tried to fill in some of the blanks and in some cases with some success, and others not. i tried to add material that was not contained in tom's multivolume history because with all due respect to my friend back there, there were many other things written on specific operations and specific aspects of the agency and i tried to bring th
russia used to have a much larger and the soviet union before the economies collapse had a larger intelligence system but then they fell on hard times after the collapse of communism. they are on their way back but they are still a shadow of their former self. does that answer the question? >> i don't mean to be disrespectful by asking this but nevertheless what does your book do different from the multivolume of dr. johnson in his years in executive summary of his? i don't mean to sound...
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Jun 23, 2013
06/13
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the other major part of this is the budget, the lack of money, the economy. this current administration the city of chicago has reduced the police department by 15 to 1700 officers in the way they were able -- they reduce the budget by a thousand and they were just 700 short on top of that. the way they were able to keep officers in neighborhoods list or read the other units, said task force special operations that 30 or 40 men and women set to your neighbors at a minute notice. they don't exist anymore. if applied changes on a graphic compare them to spikes in shootings and there's a perfect correlation between changes in manpower and shootings in the city of chicago. they finally have recognized their error and this is interesting, have applied to the federal government under the veterans program for this money for jobs for veterans returning to server placing her rehiring police officers in the city of chicago with federal money. it's a terrible situation. >> i think were just about out of time, said that to thank everybody for coming in through the book h
the other major part of this is the budget, the lack of money, the economy. this current administration the city of chicago has reduced the police department by 15 to 1700 officers in the way they were able -- they reduce the budget by a thousand and they were just 700 short on top of that. the way they were able to keep officers in neighborhoods list or read the other units, said task force special operations that 30 or 40 men and women set to your neighbors at a minute notice. they don't...
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Jun 15, 2013
06/13
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new at 6:00 we asked len ramirez if the silicon valley economy is humming, why so many layoffs? len? >> reporter: well, for some companies, it's humming along. for symantec, unfortunately, it is not. symantec officials are not officially commenting on the number of layoffs but it is expected to be very significant. and when a company this size does something like that, it has definite ripple effects throughout the local economy. it is one of the biggest and most well known companies in silicon valley. >> symantec. >> reporter: a coffee roasting manager knows many of symantec's 21,000 workers as regulars and friends. >> hey, how's it going? >> reporter: her shop is just two blocks from the sprawling symantec campus and takes in about 10% of its sales from symantec catering orders and walk-ins. >> to 7:30 it's like line out the door sometimes both ways. >> reporter: now she is afraid the lines and the business will begin disappearing. symantec is in the middle of a companywide transformation and reorganization that will reportedly cut 1700 jobs, potentially one of the big job uphe
new at 6:00 we asked len ramirez if the silicon valley economy is humming, why so many layoffs? len? >> reporter: well, for some companies, it's humming along. for symantec, unfortunately, it is not. symantec officials are not officially commenting on the number of layoffs but it is expected to be very significant. and when a company this size does something like that, it has definite ripple effects throughout the local economy. it is one of the biggest and most well known companies in...
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Jun 22, 2013
06/13
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there are 155 food pantries in san francisco feeding the hungry and a growing illegal economy. kpix 5's ryan takeo takes a look at the underground food market. >> reporter: just steps away from the civic center in the shadows of the bustling heart of the city farmer's market is a different type of market altogether. >> come on, man. come on, man. >> reporter: we found a booming economy in underground food markets where you cannot beat the deals. >> how much? >> one dollar. >> a dollar for three? >> reporter: the sellers are feisty. [ yelling ] >> reporter: sometimes the struggle of the tenderloin neighborhood shows up too. >> give me all my money! >> reporter: but this story is more about where these sellers get at least some of their inventory. some of it comes from the san francisco food bank warehouse. >> we're aware that there are a few people who are selling food some of it we know comes from the food bank. >> reporter: how do you know that? >> we can see from the type of food that it is. some of it actually has our name on it. the food that we repackage has our name on it
there are 155 food pantries in san francisco feeding the hungry and a growing illegal economy. kpix 5's ryan takeo takes a look at the underground food market. >> reporter: just steps away from the civic center in the shadows of the bustling heart of the city farmer's market is a different type of market altogether. >> come on, man. come on, man. >> reporter: we found a booming economy in underground food markets where you cannot beat the deals. >> how much? >> one...
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Jun 18, 2013
06/13
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and then tomorrow, fed chief ben bernanke will talk about the economy. investors are hoping he'll clarify what he said last month about the fed possibly dialing back it's bond buying program. >>> ahead of that federal reserve meeting, tokyo's nikkei lost a quarter percent while hong kong's hang seng was mostly flat. >>> on monday, investors guessed the central bank will prop up the economy. so the markets went up. the dow climbed 109 points, while the nasdaq rose 28 points. >>> standard & poor's lowered ford motors stock from buy to hold. the market index claimed ford's losses in europe which are expected to reach $2 billion this year. but s&p did say pickup sales in the u.s. should help the automakers see strong profits. >>> a big coup for netflix. starting next year, they'll be joining forces with dreamworks. the agreement is said to include 300 hours of new tv episodes. financial details have not been released but it's expected to be worth several hundred million dollars. the deal will help netflix compete with premium channels like hbo and showtime.
and then tomorrow, fed chief ben bernanke will talk about the economy. investors are hoping he'll clarify what he said last month about the fed possibly dialing back it's bond buying program. >>> ahead of that federal reserve meeting, tokyo's nikkei lost a quarter percent while hong kong's hang seng was mostly flat. >>> on monday, investors guessed the central bank will prop up the economy. so the markets went up. the dow climbed 109 points, while the nasdaq rose 28 points....
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Jun 19, 2013
06/13
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they're looking for an update on the state of the economy, and they want clarity about whether the fed will continue to keep interest rates low. >>> asian stocks were mixed ahead of word from the feds. tokyo's nikkei added nearly 2% while hong kong's hang seng dipped 1%. >>> and wall street still believes the central bank will continue the stimulus program. tuesday the dow jumped 138 poichblts to close at 15,318 while the nasdaq rose 30 points. >>> two weeks ago the car company defied the federal regulators and refused to recall 3 million jeeps. the feds said the fuel tanks could rupture and cause fires in rear end collisions. now chrysler says they will recall a million and a half 2002 through 2007 jeep liberties and grand cherokees made from 1993 to 1998. >>> well, new yorkers won't have to worry about charging their dying cell phones. the city along with at&t will put up 25 solar powered charging stations. the program begins next week and it will be free. the stations can recharge up to six devices at a time, but after 30 phones get juiced, these solar batteries will need to be rech
they're looking for an update on the state of the economy, and they want clarity about whether the fed will continue to keep interest rates low. >>> asian stocks were mixed ahead of word from the feds. tokyo's nikkei added nearly 2% while hong kong's hang seng dipped 1%. >>> and wall street still believes the central bank will continue the stimulus program. tuesday the dow jumped 138 poichblts to close at 15,318 while the nasdaq rose 30 points. >>> two weeks ago the...
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Jun 20, 2013
06/13
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after a two-day policy meeting wednesday the fed updated the outlook for the economy and bernanke said that's why the fed will most likely slow down its stimulus program. >> the committee currently anticipates it would be appropriate to moderate the monthly purchases later this year and if the subsequent data remain broadly aligned with current expectations for the economy, we would continue to dries the pace of purchases in measured steps through the first half of next year, ending purchases around mid-year. >> bernanke also expects the unemployment rate to fall to 6.8% by the end of 2014. on wall street bernanke's words spooked investors. the dow dropped 206 points and the nasdaq fell 31 points. >>> tokyo's nikkei dropped nearly 2%. hong kong's hang seng lost nearly 3%. >>> well, the irs is caught in another controversy. the agency says it's has to pay $70 million in union bonuses. some republicans want the irs to follow a white house directive and cancel them. in april the obama administration ordered all agencies to stop handing out bonuses bought of automatic spending cuts. >> and
after a two-day policy meeting wednesday the fed updated the outlook for the economy and bernanke said that's why the fed will most likely slow down its stimulus program. >> the committee currently anticipates it would be appropriate to moderate the monthly purchases later this year and if the subsequent data remain broadly aligned with current expectations for the economy, we would continue to dries the pace of purchases in measured steps through the first half of next year, ending...
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Jun 18, 2013
06/13
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now that the economy is improving, there could be more marriages in the next two years. a virginia company says that is because couples feel more secure about their financial future >>> the world's most definitive dictionary oxford english dictionary says tweet is a word. they define it as to make a posting on the social networking service twitter. also, to use twitter regularly or habit actually. one of 1200 new words. another term dad dancing. an awkward, unfashionable or unrestrained style of dancing performed by a middle-aged or older man. i took the liberty of calling mel them this morning because they know your dance moves. i have also seen you on ban cat. >> it reminds me of mom jeans. that's dressing in mom jeans. >> dad dancing is a term. >> i can also dance backwards. >> he is a man of many >>> millions of americans believe in >>> millions of americans believe in alternative medicine. a leading doctor says this. we are wasting money and we may be damaging our health. we'll talk to him next on "cbs this morning." >> announcer: this morning's "eye opener" at 8:00
now that the economy is improving, there could be more marriages in the next two years. a virginia company says that is because couples feel more secure about their financial future >>> the world's most definitive dictionary oxford english dictionary says tweet is a word. they define it as to make a posting on the social networking service twitter. also, to use twitter regularly or habit actually. one of 1200 new words. another term dad dancing. an awkward, unfashionable or...
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Jun 19, 2013
06/13
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now they can make an economic case that it's actually good for the economy. and critics, though, of this have seen a kind of push to get this bill rammed through. and so a lot of conservatives think that cbo is kind of tweaking the numbers here. they don't believe this will be good for the economy at all. >> john, what does it portend for the future of the immigration bill in the house when a key committee just passed a bill that would make it a federal crime to be in the united states illegally? >> reporter: the central tension to watch in this bill is between getting those undocumented workers passed towards citizen-and what house conservatives and all conservatives worry about, which is strong enforcement to keep illegal immigrants from coming into the country. that's what this bill aims to do. and as we see, the larger bill go through, the question is will those strict house measures kill a final comprehensive immigration reform or will the republicans find a way to work some of them into this bill so that it can pass? >> i want to turn now to hillary cli
now they can make an economic case that it's actually good for the economy. and critics, though, of this have seen a kind of push to get this bill rammed through. and so a lot of conservatives think that cbo is kind of tweaking the numbers here. they don't believe this will be good for the economy at all. >> john, what does it portend for the future of the immigration bill in the house when a key committee just passed a bill that would make it a federal crime to be in the united states...
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Jun 20, 2013
06/13
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>> do you think they're overestimating the strength of the economy? >> it's hard to say. there is very good evidence because the housing market has gotten some momentum. the auto sector is doing well. weep we've had steady if not strong gains in jobs. there was also a perception, a the fed is often kind of overestimated how strong the economy is going to be in the past couple of years. and also there was sort of a sense that ben bernanke the chairman, had an opening to be much more soothsing because inflation remains very low and he could have had an out by saying the sequester means the government is not helping the recovery out. >> the reason the average consumer should be interested in this is because it affected interest rates. >> it already has. we've already probably seen the lows in mortgage rates for the time being. so yes, that's the most immediate impact. >> the idea behind it on terms of what bernanke had said was he wanted to use the fed to reduce unemployment levels. >> that's right. >> did it work? >> well, it has worked. in the sense th
>> do you think they're overestimating the strength of the economy? >> it's hard to say. there is very good evidence because the housing market has gotten some momentum. the auto sector is doing well. weep we've had steady if not strong gains in jobs. there was also a perception, a the fed is often kind of overestimated how strong the economy is going to be in the past couple of years. and also there was sort of a sense that ben bernanke the chairman, had an opening to be much more...
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Jun 21, 2013
06/13
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bernanke's announcement is good news when it comes to the economy. jeff glor is at the new york stock exchange. >> good morning to our viewers in the west. it was an anxious overnight for the markets after the dow lost yesterday and lost 560 points the past two days. the dow sunk to its lowest point this year. its biggest one day drop since november 2011. which comes on the heels of ben bernanke's announcement that the federal reserve is planning to slow its stimulus effort. >> in measured steps through the first half of next year. >> reporter: on wednesday, bernanke said a pullback on $85 billion worth of bond purchases made each month could begin by the end of this year. >> this is a natural correction we've been looking for. >> reporter: china is the world's second largest economy. it's work on its own issues. chinese banks are making it more difficult to lend cash. as credit tightens chinese consumers are spending less on goods from the west which weakens other economies in the process. the stimulus ending and china's slowing combination has inve
bernanke's announcement is good news when it comes to the economy. jeff glor is at the new york stock exchange. >> good morning to our viewers in the west. it was an anxious overnight for the markets after the dow lost yesterday and lost 560 points the past two days. the dow sunk to its lowest point this year. its biggest one day drop since november 2011. which comes on the heels of ben bernanke's announcement that the federal reserve is planning to slow its stimulus effort. >> in...
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Jun 18, 2013
06/13
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now that the economy is improving, there could be more marriages in the next two years. a virginia company says that's because companies feel more secure about their financial future. >>> the world's most definitive dictionary said "tweet" is now an official word. the oxford dictionary defines it as to make a posting on the social networking twitter. also to use twitter regularly or habitually. another term in the dictionary, how do you like this one "bad dancing." that defined as an awkward, unfashionable or unrestrained style of dancing performed by a middle-aged or older men. so i took the liberty of calling this morning they know you're dancing. and they wonder when you're coming back. they have videotape to document it. >> i remember that night. >> i've also seen charlie rose on the banquettes. >> that reminds me of that. >> bad dancing is a term. >> you can also dance backwards. >>> he's a man >>> millions of americans believe in alternative medicine. but a leading doctor says this, we're wasting money. and we may even be damaging our health. we'll talk to him next
now that the economy is improving, there could be more marriages in the next two years. a virginia company says that's because companies feel more secure about their financial future. >>> the world's most definitive dictionary said "tweet" is now an official word. the oxford dictionary defines it as to make a posting on the social networking twitter. also to use twitter regularly or habitually. another term in the dictionary, how do you like this one "bad dancing."...